Reconciliation Buyer Self-Assessment Checklist

Buyer Self-Assessment Checklist: Choosing the Right Reconciliation Vendor

Selecting a reconciliation or financial control platform is rarely a simple software decision. Most organisations spend months engaging vendors, running demonstrations, issuing RFPs, and testing proofs of concept—often without a clear way to measure whether they are on the right track.

This Buyer Self-Assessment Checklist helps organisations quickly evaluate how well prepared they are to run an effective vendor selection process. Covering problem definition, vendor shortlisting, demonstrations, RFPs, proofs of concept, and decision governance, it highlights common sources of delay, misalignment, and decision risk.

Designed to be completed in minutes, the checklist enables buyers to:

• Identify gaps in their current approach

• Understand where time and effort are most likely to be wasted

• Benchmark their readiness against best practice

The checklist can be used independently or as a starting point for a more structured buying journey, helping teams make faster, more confident vendor decisions with fewer surprises.